Promo chips

jimmtech

Well-Known Member
#1
Got $100 in promotional chips from Circus - I put a $25 chip in the circle and the dealer had to call the PB to find out how to play them. The PB explained to the dealer that if I lose he takes the chip, and if I win the chip is simply exchanged for a real one. What the F#@* ?! Other casinos I have played promo chips - when you win, not only is the chip exchanged, but you get paid also! But with their method, $100 in promo chips is really only worth $50 IF YOU WIN!??? Is this a common Vegas practice?
 

callipygian

Well-Known Member
#2
jimmtech said:
But with their method, $100 in promo chips is really only worth $50 IF YOU WIN!???
All your winnings are paid out in real chips. The big question is what happens to the promotional chip when you win, in addition to getting your real chip winnings.

(1) Best case scenario: your promotional chip is exchanged for a real chip. You get two real chips and lose your promotional chip. Assuming you play break-even games, your EV is $100 and you can cash out after you play 4 hands (because you lose your promotional chip whether you win or lose).

(2) Most common in my experience: your promotional chip is retained, but your winnings are paid out in real chips. You should have one real chip and one promotional chip. Your EV is $100 and you can cash out after you lose 4 times (because you only lose your promotional chip when you lose).

(3) Worst case scenario: you get paid out in real chips, but they take your promotional chip when you win. You end up with one real chip and no promotional chip. Your EV is $50 and you can cash out after you play 4 hands.

You're getting free money either way, whether it's $50 or $100.
 

jimmtech

Well-Known Member
#4
Thanks for the replies. Yes it was the worst case scenario, but at least its free money!

I haven't resorted to stalking trash cans yet - maybe next trip.

However, I did manage to lose my driver's license on the first nite, and a lot of coupons required gov. ID (joining clubs) - having to go thru TSA screening on return flights without ID was easier than trying to redeem comps!
 

callipygian

Well-Known Member
#5
http://www.blackjackforumonline.com/content/CompSecrets.htm said:
Betting the Don’t Pass line (against the shooter) gives best results, and also has an antisocial quality that resonates nicely with your parasitic lifestyle.
If I were drinking soda, I almost certainly would have spit it out on my keyboard. :laugh:
 

Brutus

Well-Known Member
#6
ya gotta love the grittiness of "dog-ass johnny"

EMPLOY MASTER TECHNIQUES OF DISGUISE
To get more than six cash-ins per day, or to work one area for longer than a month or two, you’ll probably have to disguise yourself. Your disguise does not have to be complex or expensive; the Fun Center drones will always give you at least a glance, but they’ll only check you out carefully if they’re already suspicious. You can usually get away with simple props like hats and glasses. The trick is to give them something to remember you by, like an unusual hat or shirt, an attitude, a strange facial expression, whatever, then show them the opposite the next time -- young/old, happy/grumpy, smart/stupid, etc. Polarity is the key.
If you are middle-aged, for example, you can go for a young/old duality. First, give them a younger look; cover your balding head with a wig or a baseball cap, and carry a Walkman. Wear a button supporting euthanasia. After a few weeks of that, just when they might begin to notice you, change to the older look. Comb your hair back, and give it a few streaks of grey (drug stores sell special hair paint for this purpose). Wear a button supporting the draft. You might even put sharp stones in your shoes, to keep that youthful spring out of your step. But the very best way to look older is to soak your face in brine for a few hours. Breathe through a straw while submerged. This treatment (immersion in salt water, not breathing through a straw) will dry and harden your skin, giving it that hagged-out look for several days. A copy of Retirement Times under your arm, and you’re all set.
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I would pay admission to watch that.
 

sagefr0g

Well-Known Member
#7
Brutus said:
This treatment (immersion in salt water, not breathing through a straw) will dry and harden your skin, giving it that hagged-out look for several days.
lol, salt brine. i was wonderin how i got that way. gotta stay outa the ocean and lay off the ham hocks i guess.
 

callipygian

Well-Known Member
#9
jimmtech said:
I did manage to lose my driver's license on the first nite
I missed this earlier, but if it ever happens again, check trash cans near the last known location immediately, or the next day, check the concierge desk at all the casinos nearby.

If you're unsure how you lost it, chances are you were pickpocketed. Often the thief ditches the wallet and doesn't take anything that ties him/her to a crime, such as ID or credit cards, I assume in case they get caught.
 
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